Currency and amount on the electronic invoice are mandatory criteria. During the transition period between the old and new regulations on electronic invoices, MISA will dedicate the following article to instruct Accountants on how to record the amount on the latest electronic invoice according to Circular 68/2019/TT-BTC.
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What are the differences between the currency
unit and the way of writing the amount on the electronic invoice according to Circular 68/2019/TT-BTC compared to the old regulations?
2. How is the amount displayed on the electronic invoice?
1. What are the differences between the currency unit and the way of writing the amount on the electronic invoice according to Circular 68/2019/TT-BTC compared to the old regulations?
Old regulations : Article 5 and Article 6 of Circular 133/2016/TT-BTC stipulate the following currency units in accounting:
The “accounting currency” is Vietnamese cambodia telegram data Dong (national symbol is “đ”; international symbol is “VND”) used for accounting, preparing and presenting the enterprise’s financial statements.
Enterprises with revenue and expenditure transactions
mainly in foreign currency shall, based a product manager develops a product development on the provisions of the Accounting Law, consider and decide on the choice of accounting currency and be responsible for that decision before the law. When choosing bulk data an accounting currency, enterprises must notify the direct tax authority.
In case an enterprise has economic and financial. Transactions arising in foreign currency. It must simultaneously monitor the original. Currency and convert it into vietnamese dong for accounting entries. Unless otherwise provided by law. For other foreign currencies with an exchange. Rate with vietnamese dong. It must be converted through another foreign. Currency with an exchange rate with.
Vietnamese Dong and the foreign currency to be converted.
New regulation : According to point c, clause 2, Article 3 of Circular 68/2019/TT-BTC, the currency written on the invoice is Vietnamese Dong, the national symbol is “đ”.
At point b, clause 2, Article 3 of Circular 68/2019/TT-BTC, the regulations on the numbers shown on electronic invoices are as follows: The numbers displayed on the invoice are Arabic numerals: 0, 1, 2, 3, 4, 5, 6, 7, 8, 9. The seller can choose 2 ways of showing:
Method 1 : After the thousands, millions, billions, trillions, million billions, and billion billions digits, you must put a period (.). If you write a digit after the units digit, you must put a comma (,) after the units digit.
Method 2 : Use a comma (,) as the natural number separator after the thousands, millions, billions, trillions, million billions, billion billions digits and use a dot (.) after the units digit on accounting documents.
In some cases where the unit uses foreign currency
in the transaction of buying and selling goods:
The seller shall also show on the invoice the exchange rate of the original currency with Vietnamese Dong according to the exchange rate prescribed by the Law on Tax Administration and implementing documents.